Are foreigners allowed to own property in Kuwait?
When we asked expats in Kuwait if foreigners are allowed to own property, they answered...
"Foreigners are not allowed to own property in Kuwait. However, they are allowed to lease property for a period of up to 99 years. This is done through a Kuwaiti sponsor, who is responsible for the property and must be present at all times when the property is being used. The sponsor is also responsible for any taxes or fees associated with the property," said another in Kuwait.
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SJB GlobalSJB-Global is a top-rated financial advisory firm specializing in expat financial advice worldwide, offering retirement planning & tax-efficient solutions with a regressive fee model. Our clients benefit from their country’s most favorable tax environment by utilizing the efficient investment vehicles we offer. Our commitment to quality service is reflected in our stellar reviews, with over 300 testimonials boasting 95% five-star ratings.
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Are foreigners allowed to own property in Kuwait?
If you live in Kuwait, newcomers to Kuwait would love to hear your answer to this question:
About the Author
Joshua Wood, LPC is one of the Founders of Digital Nomad Exchange and serves as Co-President of Expat Exchange. Prior to Expat Exchange and Digital Nomad Exchange, Joshua worked for NBC Cable (MSNBC and CNBC
Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.